Mkm

3 results

Netflix, Amazon, Exxon Mobil and Goldman Sachs, among other high-profile stocks, have suffered double-digit drops lately

Stock markets may be not too far away from all-time highs, but some high-profile stocks –Amazon, Netflix, Exxon Mobil and Goldman Sachs, among others (...)

“Simply put, advertisers aren’t willing to bid up or spend as much with Twitter as expected,” say RBC analysts, cutting their price target to $47 from $54. Picture: Bloomberg

Twitter’s slowing revenue and user growth has raised further doubts about its ability to entice advertisers to spend more on its platform - at least i(...)

Medtronic, the Minneapolis-based device maker, said in June it will pay about $42.9 billion for Dublin-based Covidien in a tactic partly aimed at freeing $14 billion of overseas cash.

Speculation Medtronic will modify its offer for Covidien as sentiment worsens toward tax inversions is fueling demand for bearish options. Covidien co(...)